ACE Ltd (ACE): Today's Featured Insurance Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

ACE ( ACE) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 0.7%. By the end of trading, ACE fell $1.17 (-1.3%) to $91.05 on average volume. Throughout the day, 1,223,179 shares of ACE exchanged hands as compared to its average daily volume of 1,296,100 shares. The stock ranged in price between $90.90-$92.08 after having opened the day at $92.08 as compared to the previous trading day's close of $92.22. Other companies within the Insurance industry that declined today were: Donegal Group ( DGICB), down 7.6%, State Auto Financial Corporation ( STFC), down 6.0%, Crawford & Company ( CRD.B), down 4.2% and Citizens ( CIA), down 4.0%.

visited company on 1/1/2007 and a good price is $40. ACE has a market cap of $30.6 billion and is part of the financial sector. Shares are up 12.8% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate ACE a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates ACE as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, AmTrust Financial Services ( AFSI), up 3.3%, Hallmark Financial Services ( HALL), up 2.4% and Independence Holding Company ( IHC), up 1.6% , were all gainers within the insurance industry with Willis Group Holdings ( WSH) being today's featured insurance industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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